Frequently Asked Questions

We have put together a comprehensive list of questions that you might have about your properties and/or payments. If you do not find the information you need here, please call us and we will be happy to ensure that your questions are answered.

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Payments are mailed/direct deposited on the 25th day of each month, unless that day is a weekend or holiday. In that case, the payment is sent the previous business day. Revenue checks are mailed to all owners with a balance due to them of $25.00 or more. If the balance on your account is less than $25.00 the funds will remain in your account until it reaches $25.00 or until the end of the year when the Annual disbursement occurs. Annual check disbursement in December has no minimum dollar amount.

Either your account has not reached the $25.00 minimum, or we did not purchase any oil from the lease where you have mineral interest. It is also possible we may not have your correct address if you have recently moved.

Since we are only the oil purchaser, we only have information on the loads of oil we have picked up. We do not have any status updates on actual leases. You must contact the Operator of that lease for any information.

We receive the division of interest from the operator of the lease. In most cases, they do not provide our office with information about acreage of the property. If there is a discrepancy with your interest decimal, you must contact the operator or if you have legal documentation involving the transfer of interest you can send it to our office for update.
If your interest was transferred to you from a previous owner, the information came from legal documentation filed at the appropriate county court.

In most cases if your full name & address is provided on documents you don’t have to list your number. It is also located on the top right hand corner of your check detail or it should be on your original division order. We can also provide you with the number at any time if you contact our office.

You received a Division Order because EnerWest Trading Co., LC has begun purchasing oil that you have a mineral interest in, or because someone has filed legal documentation to transfer all or part of their mineral interest to you.

Some owners elect to have multiple owner numbers for their personal record keeping.
If you happen to have more than one and wish to consolidate them to one number, we can do that if you request that in writing.

After 5 years, if we have been unsuccessful at reaching you or a next of kin, we are required to turn over all accumulated funds to Oklahoma Unclaimed Property division. With provided documentation, we can make an ownership transfer going forward, or if the person of interest is still living we can release any funds we have held if a W-9 form is submitted to our office.
For funds already released to the Unclaimed property division you must work directly with their office to receive those funds.